January 9, 2019

Bed Bath & Beyond forecasts 2019 profit ahead of estimates, shares jump

Home furnishing retailer Bed Bath & Beyond Inc on Wednesday reported a better-than-expected quarterly profit and forecast earnings for 2019 above Wall Street estimates, sending its […]
January 9, 2019

Fiat Chrysler to pay more than $700 million over U.S. diesel emissions claims: sources

Fiat Chrysler Automobiles NV will pay more than $700 million to resolve lawsuits from the U.S. Justice Department and diesel owners over claims it used illegal […]
January 9, 2019

Skydance hires ousted Disney animation head John Lasseter

U.S. film production company Skydance Media on Wednesday named Walt Disney Co’s former animation head and co-founder of Pixar, John Lasseter, as head of its animation […]
January 9, 2019

Mexican fuel shortage worries industry as lines grow in capital

Gasoline shortages in Mexico sparked by a government crackdown on fuel theft prompted warnings from business leaders that industries like carmaking will suffer if the problem […]
January 9, 2019

Former Insys CEO pleads guilty to opioid kickback scheme

The former chief executive of Insys Therapeutics Inc pleaded guilty on Wednesday to engaging in a scheme to bribe doctors to prescribe an addictive opioid medication […]
January 9, 2019

Lennar sees housing demand rebounding, shares up nearly 10 percent

Lennar Corp said on Wednesday it was seeing an improvement in home sales in its new fiscal year as mortgage rates start to ease and posted […]
January 9, 2019

BlackRock elevates executive behind fast-growing ETF unit: memo

BlackRock Inc is giving the executive behind the company’s key iShares brand a job overseeing strategy, marketing and international businesses as the world’s largest asset manager […]
January 9, 2019

Renault’s CEO moved tax domicile to Netherlands in 2012: paper

Carlos Ghosn, chief executive of French carmaker Renault and ex Nissan chairman, has not had his tax domicile France since 2012, opting instead for the more […]
January 9, 2019

Watchdog orders Deutsche Bank to re-examine 20,000 risky customers by June

Germany’s financial markets watchdog is requiring Deutsche Bank to re-examine the files of about 20,000 risky clients by the end of June as part of its […]
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